Using a quick log scale on IOTA price we can see a H&S formed and price came down and now has seemed to have bounced from the $0.8 area with a double bottom formation indicating a reversal
The price action supports a bullish rally at this point...
IOTA/USD is close to a support line and presents good buying opportunities once higher highs and higher lows are established.
lookin for entry when it bounces off the trend line again or aggressively around $1 area
TP targets use the fib levels to sell accordingly, use a good SL 10-15% under ATH is $5.25
good future with IOTA and everything thats coming with it, enjoy ya Tangle coins!
for more info and any Q's plz join our FREE channel Telegram channel below
The price action supports a bullish rally at this point...
IOTA/USD is close to a support line and presents good buying opportunities once higher highs and higher lows are established.
lookin for entry when it bounces off the trend line again or aggressively around $1 area
TP targets use the fib levels to sell accordingly, use a good SL 10-15% under ATH is $5.25
good future with IOTA and everything thats coming with it, enjoy ya Tangle coins!
for more info and any Q's plz join our FREE channel Telegram channel below
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